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High energy costs “silent killer” of enterprise, warns new report

22 Oct 2012 11:49 AM
Civitas industrial policy blueprint backs state support for manufacturing to combat recession

Civitas warns that the European Commission is major obstacle to UK recovery

A combination of radical cuts in energy costs, red tape and taxes allied with targeted state support for manufacturing and German-style savings and enterprise banks should be at the heart of a bold new industrial policy, according to a major new report from an independent leading think-tank.

The report applauds the Government’s decision to embrace industrial policy, a dirty word in many quarters since the failure of the “picking winners” gambits of the 1970s.

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